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3 years ago

The three main methods that can be used to achieve the efficient use of a common resource are:___________.

Business

1 answer:

Simora [160]3 years ago

5 0

Answer:

Option A:property rights, production quotas, and ITQs

Explanation:

A Common Resources is known simply as a resource for which rights are held in common by a group of individuals who has no exclusive ownership right. With common resources, property rights are not well-defined and are non-exclusive. In a common resource, an individual has the right to use the resource, but not to change its form or transfer it to other individuals. The policies that helps to improve efficiency include: production quotas, individual transferable quotas and property right.

Production quotas is simply an upper limit to the quantity of a good that may be produced legally.

An individual transferable quota is a production limit that is given to an individual who is free to transfer the quota to another person.

By the assignment of property rights, common property becomes private property.

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Diaz Company owns a milling machine that cost $250,000 and has accumulated depreciation of $182,000. Prepare the entry to record

nadya68 [22]

Answer:

1) loss at disposal 68,000 debit

accumulated depreciation 182,000 debit

milling machine 250,000 credit

2) loss at disposal 33,000 debit

cash 35,000 debit

accumulated depreciation 182,000 debit

milling machine 250,000 credit

cash 68,000 debit

accumulated depreciation 182,000 debit

milling machine 250,000 credit

4) cash 80,000 debit

accumulated depreciation 182,000 debit

gain at disposal 12,000 credit

milling machine 250,000 credit

Explanation:

the book value is the same for all alternatives:

cost - accumualted depreciation

250,000 - 182,000 = 68,000 net book value

1) as there is no salvage value all the book alue is considered loss at disposal

from #2 to #4 we recieve cash for the milling machine to determinate the loss/gain we need to do as follows:

proceeds less book value = result (gain if positive loss if negative)

2) 35,000 - 68,000 = -33,000

3) 68,000 - 68,000 = 0

4) 80,000 - 68,000 = 12,000

8 0

3 years ago

Yem expects to produce 1 comma 750 units in January and 2 comma 120 units in February. The company budgets 5 pounds per unit of

Vladimir [108]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Production:

January= 1,750 units

February= 2,120 units

The company budgets 5 pounds per unit of direct materials at a cost of $ 45 per pound.

Beginning inventory= 5,300 pounds.

Desired ending inventory= 40% of the next month's direct materials needed for production.

The desired ending balance for February is 4,000 pounds.

The purchases of direct material are calculated using the following formula:

Purchases= sales + desired ending inventory - beginning inventory

January (in pounds):

Production= 1,750*5= 8,750

Desired ending inventory= (2,120*5)*0.4= 4,240

Beginning inventory= (5,300)

Total purchase= 7,690 pounds

Total cost= 7,690*45= $346,050

February (in pounds):

Production= 2,120*5= 10,600

Desired ending inventory= 4,000

Beginning inventory= (4,240)

Total purchase= 10,360 pounds

Total cost= 10,360*45= $466,200

6 0

3 years ago

The arrival of personal computer technology gave rise to client server networks that replaced traditional mainframe and minicomp

pishuonlain [190]

Answer:

The correct answer is letter "B": technological paradigm shift.

Explanation:

A paradigm shift takes place when the is a change in the methods and practices that were traditionally used and were conceived as main references due to the introduction of new ideas. Technological paradigm shifts are those caused by the creation of new technology that abruptly alters the market. For instance, the introduction of e-mails replaced faxes and courier services for mailing.

6 0

3 years ago

If sammy scores nearly the same every time he takes a test, it can be concluded that the test is _____.

Margarita [4]

the answer is reliable

3 0

3 years ago

Which of the following is an example of the effective use of email communications? When sending an email, Jake avoids using a d

hichkok12 [17]

Answer:

When sending an email, Ellis restates the subject in the body of the message.

Explanation:

Email has some standard guidelines for preparing the email.

It includes that the subject shall also be defined again in the descriptive area, where entire content of email is discussed.

There must be a descriptive line showing the purpose of email.

There shall be supportive subject for the description of email.

If the email has some quantitative data then it shall be summarized using graphs, pictures etc:

In a single email, least topics shall be discussed as that will not confuse the reader, and will be logical, towards the response for such email.

4 0

3 years ago